Farm Bill 2024 Hemp Update Bill. This updated version, set to be voted on later this year, introduces a bifurcated definition that differentiates between industrial hemp and hemp grown for cannabinoid. If congress fails to authorize a new farm bill by the deadline, there is a high likelihood that the current farm bill will be extended for another year, with plans to revisit the.

House of representatives’ version of the 2024 farm bill contains language that modifies these provisions. The midwest hemp council sent its own letter to congress warning of dire consequences for farmers if the definition of hemp is altered in the farm bill.